£495,888
This estimated value is based upon the latest sale price for the house of £290,000 on 12 Apr 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
Price Paid | Date |
---|---|
£290,000 | 12 Apr 2010 |
£178,000 | 11 May 2001 |
£78,500 | 14 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,030 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in April 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £290,000 results in an estimated price of approximately £495,888.
12 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 70.996 % | £290,000 | £205,888 | £495,888 |
The Postcode Pricing Model uses changes in average sales price within the SM6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 25.675 % | £74,458 | £364,458 |
3 Month Average | 60.949 % | £176,752 | £466,752 |
6 Month Average | 86.303 % | £250,277 | £540,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £338,595 | £330,000 | FLAT 4 ABIGAIL COURT, 12 MALDON ROAD |
25 Oct 2023 | £516,736 | £505,000 | 47 CLIFTON ROAD |
25 Sep 2023 | £128,840 | £126,000 | FLAT 2 11 PARK ROAD |
22 Jun 2023 | £517,368 | £507,000 | 49 CLIFTON ROAD |
21 Mar 2023 | £320,350 | £315,000 | 11 CLIFTON ROAD |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 4 Mar 2009. Using an estimated price of £495,888 means this house is valued at £5,180 per sq meter (£481 per sq foot).
The average size of a house on PARK ROAD is 98 sq meters (1,055 sq feet).